Section 155(2)

Subsection (1) applies to an individual who sought an introduction for a purpose which would have been fulfilled by his entry into— a regulated agreement, or in the case of an individual desiring to obtain credit to finance the acquisition or provision of a dwelling occupied or to be occupied by that individual or a relative of that individual, an agreement for credit secured on land, a credit agreement which is an exempt agreement for the purposes of Chapter 14A of Part 2 of the Regulated Activities Order, or an agreement which is not a regulated credit agreement or a regulated consumer hire agreement but which would be such an agreement if the law applicable to the agreement were the law of a part of the United Kingdom.

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Source: legislation.gov.uk · retrieved 2026-07-30